Asian Currencies Steady as Markets Await Fed Rate Decision; Indian Rupee Hits New Record Low 
BOK Expected to Hold Rates at 2.50% as Housing and Currency Pressures Persist 
BOJ Governor Ueda Highlights Uncertainty Over Future Interest Rate Hikes 
Citi Sets Bullish 2026 Target for STOXX 600 as Fiscal Support and Monetary Easing Boost Outlook 
Asian Currencies Steady as Rupee Hits Record Low Amid Fed Rate Cut Bets 
IMF Deputy Dan Katz Visits China as Key Economic Review Nears 
Australia’s Economic Growth Slows in Q3 Despite Strong Investment Activity 
Asian Currencies Edge Higher as Markets Look to Fed Rate Cut; Rupee Steadies Near Record Lows 
Fed Rate Cut Odds Rise as December Decision Looks Increasingly Divided 
Singapore Maintains Steady Monetary Outlook as Positive Output Gap Persists into 2025 
Spain’s Industrial Output Records Steady Growth in October Amid Revised September Figures 
RBI Cuts Repo Rate to 5.25% as Inflation Cools and Growth Outlook Strengthens 
The Bank of Thailand (BoT) is expected to keep its policy rate on hold at 1.75 percent at its meeting on March 20 even though concerns of financial stability are likely to persist, according to the latest report from ANZ Research.
On a sequential basis, headline CPI rose by 0.24 percent m/m in February, following a 0.02 percent decline the month before. The turnaround was driven by higher energy prices (+1.67 percent from -1.47 percent). While raw food prices continued to rise, the pace of increase in m/m terms slowed.
Meanwhile, core inflation surprised to the downside and eased to a 13-month low of 0.60 percent y/y. In m/m terms, core CPI declined marginally (0.02 percent). Although the prices of clothing and footwear rose at a faster pace, the decline in personal and medical care prices (0.15 percent m/m) was a drag.
Housing, recreation and education as well as tobacco and alcoholic beverage prices were broadly flat m/m.
